Franco-German financial group Oddo Bhf has made a final close of its Secondardies Fund II at €715 million, comfortably above its original €500 million target.
The fund is the group’s largest private equity fund to date and almost three times larger than its predecessor, which raised €240 million in 2020.
It received strong support from both existing and new investors, including high-net-worth individuals and institutions.
Anne Bismut, global head of private assets at Oddo Bhf Asset Management, said: “With this second vintage, we continue our strategy of addressing all types of secondary transactions globally, with a primary focus on mid and large cap assets.”
